6 tips for business owners to help manage rising health insurance costs

Here are six ways for business owners to get a handle on the cost of health insurance and benefits, as Zane Benefits reported.

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1. Educate employees on the benefits and how to use them.

2. Promote preventive care through education, wellness programs and a company culture of health and wellness.

3. Consider which programs will have the most value to your employees and to your bottom line.

4. Evaluate a Consumer-Directed Health Plan, a health strategy that involves the consumer to make decisions about their healthcare.

5. Increase cost-sharing by shifting more of the costs of health insurance to employees.

6. Reimburse employees for their individually-purchased health insurance plans.

More articles on coding, billing & collections:
Most non-group healthcare insurance enrollees satisfied with plans — 25 survey statistics
GE Healthcare, Accenture team up to help providers with medical claims management: 5 things to know
Premera Blue Cross loses millions on individual health plans; up nearly 117% from 2013 — 5 key notes

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